It refers to a slight cut of just a quarter-percent in the price of non-subsidised LPG cylinder making it cheaper by just a few paise. With coins below Re 1 is now not in circulation, a fraction of Re 1 goes to pockets of those involved in delivery-channel; with government unnecessary losing revenue and consumers getting no benefit. It should be ensured that net consumer prices of LPG gas-cylinders of both, subsidised and non-subsidised, inclusive of all taxes may be fixed in multiples of Rs 10. Delivery-persons never give back the balance of fraction of Rs 10. But net revenue earning can be quite high to absorb so frequent price revisions. Likewise, net consumer-price of other petroleum products like petrol, diesel, and kerosene should be in multiples of Re 1.
Madhu Agrawal
(The views expressed by the author in the article are his/her own.)
